SHIB Rockets to Top 25 as Whale Bets Big Against XRP on Hyperliquid
Shiba Inu has re-entered the top 25 cryptocurrencies by market capitalization, driven by significant buying pressure. A whale on Hyperliquid has opened a $13 million short position on XRP, while AI agents have started settling transactions in Bitcoin on Buzz, a professional messaging app launched by Jack Dorsey.
The move validates a prediction that SHIB would break above the $3.3 billion market cap threshold. On-chain data shows notable accumulation by large addresses leading up to this breakout. The key level to watch remains the historical resistance that capped SHIB during its last visit to this market cap range, and a sustained hold above that threshold could open the door toward the top 20.
The presence of this massive short on XRP creates latent selling pressure, but it also represents potential fuel for a short squeeze if buyers regain control. Liquidations on XRP remain elevated on both sides, indicating an indecisive market.
This development strengthens the thesis that Bitcoin adoption is driven by real technological use cases rather than speculation alone. The integration of AI agents capable of autonomously managing financial flows marks a clear departure from traditional use cases of collaboration tools.